0 123.97 +/- Deeded Acres Albertville, MN 55301

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Land

123.97 ac lot

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This exceptional 123.97 +/- deeded acre property presents a unique investment opportunity in Otsego, Minnesota, within the highly sought-after Delano School District. The land boasts a diverse landscape, including approximately 41 acres of wooded area, 46 acres of pasture/wetland, and 37.27 acres of tillable farmland. Enjoy the privacy and natural beauty of rolling topography with phenomenal country views, abundant wildlife (deer, turkey, and pheasant). The property is zoned PUD (Planned Unit Development) in Wright County, offering flexibility for various development options. A concept plan for 12-14 residential homes is available, along with a single building entitlement. This prime West Metro location provides easy access to area attractions. The property's Consumer Price Index (CPI) is 83.6, and real estate taxes are $6,690 annually. Contact Wright County Planning and Zoning for detailed information regarding PUD regulations. This is a rare opportunity to acquire a substantial parcel of land with significant development potential in a desirable location. The asking price is $2,150,000.

Property type Land

Lot 123.97 ac (5,400,133 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

123.97 +/- Deeded Acres Albertville, MN 55301

Albertville metro

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